CEO Characteristics, Corporate Decisions and Firm Value: Evidence from Corporate Refocusing

CEO Characteristics, Corporate Decisions and Firm Value: Evidence from Corporate Refocusing

This paper investigates how managerial expertise, specifically, industry expertise, affects firm value through divestiture. Using CEOs’ industry experience along their career path as a measure of their industry expertise, I find that CEOs in diversified conglomerates are more likely to divest divisi...

Full description

Saved in:
Bibliographic Details
Main Author: HUANG, Sheng
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2010
Subjects:
CEO characteristics
managerial expertise
refocus
diversification
divestiture
Business Administration, Management, and Operations
Organizational Behavior and Theory
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/3054
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1537458
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/lkcsb_research/3054
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1537458

Similar Items